Course Outline
- Course Code: EG2
- Category: Energy
Dates, Venues and Fees:
Feb 17 - Feb 28 I Washington DC | $6,980
Jun 29 - Jul 10 | Maryland | $6,980
Oct 12 - Oct 23 | London | $6,700
- Duration: Two Weeks
Overview
The course provides a broad introduction to global markets for crude oil and refined petroleum products; natural gas; and electric power. A major goal of the course is to help delegates understand how market design, market institutions and regulatory structures affect firm-level decision-making in the energy industries, and ultimately how these decisions affect the functioning of energy markets and the prospects for alternative technologies.
Who Should Attend?
This course will greatly benefit:
- Regulatory Professionals
- Officers and Executives from Utility Organizations
- Officers from the Ministries of Finance
- Utility Engineers
- Policy Makers and Analysts
Course Outcomes
Upon successful completion of this course, delegates will be able to:
- Communicate some facts about global energy industries and energy policy;
- Use a set of standard quantitative tools used in decision-making in the energy industries;
- Explain how emerging regulations may change industry decision-making;
- Describe how modern markets for energy commodities are structured;
- Describe how existing and emerging environmental concerns and policies will impact these markets;
- Evaluate the profitability of new projects or technologies in the context of these markets and regulations;
- Develop financial statements for energy
Course Highlights
The Global Market of Crude Oil
- The global nature of the market for crude oil
- The role of OPEC and other major players in the global oil market
- Factors influencing spot and futures oil pricing
- Data sources related to the global oil market Markets for Refined Petroleum Product
- Basic refinery economics and “crack spreads”
- Global and regional movements of petroleum products
- Factors influencing product pricing and refinery investment
- Data sources related to the market for refined petroleum Markets for Natural Gas
- Major shale energy producing areas
- Asset specificity and complementary between natural gas and pipelines
- Regional nature of natural gas markets
- Hub versus index pricing for natural gas
- Data sources related to natural gas markets